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No eBook Problem Walk-Through Suppose you are the money manager of a $4.34 million investment fund. The fund consists of four stocks with the following

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No eBook Problem Walk-Through Suppose you are the money manager of a $4.34 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment Beta $ 420,000 1.50 500,000 (0.50) 1,520,000 1.25 1,900,000 0.75 If the market's required rate of return is 9% and the risk-free rate is 5%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. ch

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